Morning Market Losers
DXP Enterprises (NASDAQ: DXPE) declined 30.96% to $75.20 after the company reported its Q1 earnings of $0.75 per share on revenue of $348.50 million.
Fuel-Tech (NASDAQ: FTEK) tumbled 21.61% to $4.97 after the company reported a Q1 loss of $0.05 per share.
Technical Communications (NASDAQ: TCCO) shares fell 19.99% to $4.75 after the company reported a Q2 loss of $0.80 per share.
Intersections (NASDAQ: INTX) shares fell 19.55% to $4.51 after the company reported a Q1 net loss of $2.8 million.
Elizabeth Arden (NASDAQ: RDEN) shares tumbled 18.44% to $29.06 after the company reported a wider fiscal-third-quarter loss and announced its plans to explore its strategic alternatives. Elizabeth Arden posted a quarterly adjusted loss of $0.84 per share on revenue of $210.8 million. However, analysts were projecting the company to break even on revenue of $256.9 million.
Orion Energy Systems (NYSE: OESX) declined 13.13% to $4.05 after the company reported a Q4 loss of $0.41 per share.
magicJack VocalTec (NASDAQ: CALL) declined 11.48% to $16.84 after the company reported its Q1 earnings of $0.53 per share on revenue of $35.30 million.
Acorn Energy (NASDAQ: ACFN) shares declined 10.95% to $1.87 after the company posted a first-quarter loss of $0.19 per share. Chardan Capital downgraded Acorn Energyfrom Buy to Hold.
INSYS Therapeutics (NASDAQ: INSY) slipped 3.40% to $26.69 on Q1 results. INSYS Therapeutics reported its adjusted earnings of $0.41 per share on revenue of $41.60 million. However, analysts were expecting earnings of $0.28 per share on revenue of $45.63 million.
ONEOK Partners LP (NYSE: OKS) shares fell 3.26% to $53.07 after the company priced 12.1 million shares at $52.94 per share.
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